Pamp Refinery Switzerland
What is PAMP Suisse?
PAMP Suisse Mint is a Swiss-based integrated precious metals refiner and bullion group that owns and runs the world’s largest precious metal refineries and manufactures bullion products that are appreciated in precious metal bar markets. PAMP Refinery Switzerland is a subsidiary of MKS Switzerland and was founded in 1977 in Switzerland, Ticino.
The BullionStar features the Swiss gold market prices and PAMP Suisse is a major player in the Swiss gold market and is known for the gold bars in Switzerland. PAMP Suisse is known for producing the highest quality 24k gold bars and silver bars. PAMP Switzerland is the first refinery to use artistic designs on its minted gold bars.
PAMP Suisse and MKS Histories
Produits Artistiques Métaux Précieux (PAMP) was founded in 1977 within the Swiss Canton of Ticino as a registered company. The refinery is situated within Castel San Pietro, near the Italian border in the southern part of Ticino. It is also within two other major gold refineries within Switzerland, Valcambi, and Argor-Heraeus.
The three refineries were built to the south of Ticino to support customers in the Italian gold jewelry business, it was the world’s biggest market for gold jewelry. PAMP Suisse Switzerland was initially an in-house gold bar maker on a small scale.
MKS was established by the city of Geneva in 1979. It was then known as MKS (Switzerland) SA. MKS was established through Mahmoud Kassem Shakarchi. This is the reason for the name. In the 1960s, and into the early 1970s, Shakarchi became a popular gold dealer from Beirut and, in 1976, he relocated to Switzerland. MKS began to sell PAMP’s gold bars to the Middle East after forming a partnership with the PAMP Suisse refinery. MKS acquired a significant part of PAMP Suisse in the year 1981.
MKS established its first overseas office in Sydney, Australia, in 1998. MKS has opened new offices in the major gold markets, including Istanbul, Dubai, Bangkok, Singapore, and Hong Kong. MKS acquired Manfra, Tordella & Brookes (MTB) in New York in 2001.
PAMP and MMTC established their jointly-owned refinery facility in India in the year 2008. Metals and Minerals Trading Corporation of India which is also referred to as MMTC is India’s largest public-sector corporation and also an official Government of India Undertaking. MMTC is the largest Indian commodities importer (excluding oil) as well as the largest gold bars importer and a major supplier of gold to jewellers, bullion dealers, and gold exporters.
MKS PAMP’s Organizational Structure
MKS PAMP Group BV, the parent company of the group is based in Amsterdam, the Netherlands. The CFO of the group is located in Amsterdam which provides strategic business development, business development, financial and other functions. MKS PAMP portfolio includes the following investments:
Manfra, Tordella & Brookes (MTB) in New York
PAMP SA in Ticino
the MMTC-PAMP refinery joint venture in Delhi, India
MKS is headquartered in Geneva
The PAMP Suisse Refinery
In Switzerland, PAMP’s refinery can be situated at Castel San Pietro, in the Canton of Ticino. The refinery has a capacity for refining gold of over 450 tonnes and refining silver of over 600 tonnes annually. PAMP Suisse refines platinum as well as palladium with an overall potential of 30 tonnes annually for the Platinum group of metals.
The refinery can remove precious metals from any metal-bearing material like mining waste or waste from recycling and polish and convert the existing bars of investment into more compact bars, for example, successful distribution bars like PAMP Suisse Lady Fortuna. Customers may also utilize PAMP’s assaying services.
Coins that are minted and invested in bar and bullion coins. Coin blanks, commemorative coins, alloys made of rods and wires to use in the jewelry industry, silver grain, gold and palladium, and platinum sponge are, among other things, among the refinery’s products.
PAMP Suisse is one of five refineries worldwide chosen to join the London Bullion Market Association’s Good Delivery Referee Council. By assessing refining applicants, providing technical advice, and analyzing metal samples of other refineries, delegates ensure that the London Bullion Market Association’s Goods Delivery System is running smoothly.
Fine distribution bars from PAMP Suisse are recognized as a settlement on the world’s most prominent spot and futures markets for gold, including Tom within Japan, COMEX in the United States, DMCC in Dubai, and the Shanghai Gold Exchange in China. MKS is among the six participants in reference prices for Shanghai Gold Fix. Shanghai Gold Fix, recently made available.
PAMP Suisse, as well as MKS, are both members of The Swiss gold and precious metals organization “Association Suisse des Fabricants et Commerçants de Métaux Précieux – ASFCMP.”
What is PAMP Suisse gold?
PAMP Gold is the gold bullion produced by the PAMP Suisse Mint including:
⚪PAMP Suisse 24k Gold bars
⚪PAMP Suisse Gold Lady Fortuna
⚪PAMP Suisse Gold Lunar Series
⚪PAMP Suisse Gold Cast Bars
PAMP Suisse Gold Bars for Sale
PAMP produces a variety of bullion products.
Fifty grams, 100 gram, 250 gram, and 500 grams 1 kilo 1, 1 Tael, 10, Tolas, and 400 oz investment-grade cast PAMP gold bars are readily available.Cast silver bars are available in sizes in the range of 500 grams, one kilogram and 1000 pounds. Palladium and platinum large cast bars with a good distribution size of 6 kilograms are produced.
PAMP manufactures minted Pamp gold bars that weigh 5 grams, 10 grams, 20 grams, 50 grams, 100 grams, 250 grams, 500 grams, and 1 kilogram in addition to smaller bars that range between 0.3 grams up to 10 grams. 1 oz, 1/2 oz, 0.25 oz, 5 oz, 10 oz as well as 20-ounce bars along with 1-5 Tola bars are offered with multiples as well as fractions of troy ounces. PAMP Suisse Lady Fortuna, Roman goddess of Fortune is embossed on most gold-minted bars. Rosa (Rose) along with Liberty (Statue) Designs usually are offered in a variety of small ounce and gram sizes.
PAMP also makes a line of gold-minted “Lunar” bars, which are decorated with Chinese animal zodiac signs. Bars made of silver minted by PAMP come in identical shapes and sizes as the gold-minted bars and also palladium and platinum bars. are made in 1kg weights.
The PAMP Suisse gold bars are examined for quality, purity, and gold content, and weight. Gold bars from PAMP are authenticated by using the assay certificate that has the signature of the assayer and an identification number. The serial number has to match that which is engraved on the bar. Serial numbers are unique. Unique for each PAMP gold bar.
Overall, PAMP’s minted bars collection is huge. The entire selection is available on PAMP’s website. PAMP Refinery’s site and also on a specialized listing of PAMP gold bars like Gold Bars Worldwide.
PAMP Distribution
PAMP bullion is available through stores for precious metals investors and collectors. PAMP Suisse is an official wholesaler of its bullion range in the wholesale market as is MKS Suiss and the other MKS offices across the globe which include Singapore, Istanbul, Sydney, and Malaysia.
PAMP Affiliate Manfra, Tordella & Brookes (MTB) is the largest US Wholesaler in the US industry. A lot of stores offer PAMP bars, however, they are only a tiny part of the sales market. Everyone buys directly through PAMP, MKS, or MTB. BullionStar is a good example. It offers connections directly to MKS, PAMP, and MTB.
PAMP, MKS, and MTB are also official suppliers to the world’s biggest mints’ bullion coins.
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